HousingHandbookReference data

U.S. ZIP Code · IL60457

Cook County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$332,602[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+5.3%
10-year / yr
+5.6%

Relative price

vs U.S.
+17.1%
vs metro
-1.3%
vs state
+73.9%
ZIP 60457 location in IL
Location of ZIP 60457 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60457 is worth $332,602 — 1.3% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.3%. The effective property tax rate is 2.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.2%[3]
Typical annual tax
$7,451[3]

#Climate risk

FEMA National Risk Index ratings for Cook County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Very High
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively High
Winter weather
Very High

#Who lives here

Population
14,503[3]
Median household income
$76,786[3]

#Migration

Household moves in and out of Cook County over a year, from IRS tax-return data.

Net migration
-14,346[5]
Moved in
86,012
Moved out
100,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
2
Middle
1
High
0
  • H H Conrady Jr High School

    Middle · Grades 6–8 · North Palos SD 117

    1,013 students

  • Glen Oaks Elem School

    Elementary · Grades 2–5 · North Palos SD 117

    645 students

  • Dorn Elementary School

    Elementary · Grades PK–1 · North Palos SD 117

    464 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,682
Loan principal$266,082
Down payment$66,520
Total interest paid$339,373

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,580
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
34th percentile[1]
Rental yield
[2]
Property tax
78th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60457?
The typical home in 60457 is worth $332,602, based on the Zillow Home Value Index.
Are home values rising in 60457?
Home values in 60457 are up 6.3% over the past year, and up 5.3% a year over five years.
What is the property tax rate in 60457?
The effective property tax rate in 60457 is 2.2% — roughly $7,451 a year on a typical home.
Who lives in 60457?
ZIP code 60457 has a population of 14,503 and a median household income of $76,786.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Cedar Lake, IN

    Typical home
    $332,588
    Gross yield
  • Lowell, IN

    Typical home
    $332,763
    Gross yield
    5.3%
  • Kingston, IL

    Typical home
    $333,139
    Gross yield
  • Flossmoor, IL

    Typical home
    $333,429
    Gross yield
  • Chesterton, IN

    Typical home
    $333,960
    Gross yield
    5.2%
  • Hinckley, IL

    Typical home
    $334,016
    Gross yield

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